Treasury Operations & Performance Associate/Specialist at Egbin Power Plc

Egbin Power Plc, Lagos is one of the biggest additions to the electricity industry in Nigeria. Often seen as the biggest single generating power station in Black Africa, it was built to meet the every rising demand for electricity in Lagos and its environs.We are recruiting to fill the position below:Job Title: Treasury Operations & Performance Associate/Specialist Location: LagosJob SummaryAssist to manage liquidity and cash flow ensuring business needs are met in a cost effective and prudent manner. Processes funds requests, transfers and payment processing and relationship management.Key Duties and ResponsibilitiesEnsures adherence to processes and frameworks for managing liquidity and risk.Ensures adherence to strategies to meet short, medium and long-term financing needs ensuring alignment with the organisation’s goals and objectives.Assist to ensure judicious management of organization’s liquidity to meet all likely contingencies within established risk limits.Ensures the preparation of cash forecasts and manage cash flows/cycles ensuring availability of adequate funds to meet daily operational requirements.Ensure the validation of all supplier and vendor payments and ensure that all requests for payment are supported with valid supporting documents in line with organization’s financial policies.Oversee the disbursement of cash ensuring compliance with defined policies and procedures.Recommend strategies for raising necessary funds to facilitate the realisation of Egbin’s operational and corporate objectives.Assist in all foreign exchange dealings for Egbin Power plc.Cultivate and manage relationships with key bankers and investors.Participate/ provide inputs in the review of Egbin’s bankers ensuring compliance with Service Level Agreements (SLAs).Ensure the preparation and rendition of tax returns and retention of all relevant tax recordsEnsure accurate computation and accounting for taxes ensure prompt settlement of liabilitiesCompute accurately and file all federal, state, local, sales, and other tax returns including relevant reports to ensure compliance with all tax laws and regulationsWork with the Cash management Officer to ensure cheques for tax payments are promptly issuedEnsures the tax payments at designated banks and obtain necessary receipts and other documents required for tax filingExtract, collate and document relevant supports and proof of remittances for tax investigationSeek innovative ways for the business to benefit from tax relief and other similar advantagesAssist with all tax-related research and interpretation of tax legislations and provisionsKeep abreast of changes and updates in macroeconomic policies and advice the Head, Treasury, on the implications for the business.Assist in preparing the unit’s budget inputs and contribute in the preparation of the budget firm-wide.Prepare periodic report for the attention of the Head, TreasuryPerform any other duties as assigned by the Head Treasury 

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